Connectez-vous/S’inscrire
Votre e-mail a été envoyé.
Prime East Village Arts District 319 Elm Ave Immeuble residentiel 24 lots 4 133 088 € (172 212 €/Lot) Taux de capitalisation 6,42 % Long Beach, CA 90802
Certaines informations ont été traduites automatiquement.
Informations principales sur l'investissement
- All Units Renovated
- Over $900K in CapEx Including Comprehensive Electrical Upgrades
- 10 Parking Spaces
- 1920's Character Building with Studios & One Bedrooms
- Utilities Separately Metered
- Prime East Village Arts District Commands Rental Premiums
Résumé analytique
319 Elm Street is a 24-unit multifamily asset located in Long Beach’s East Village Arts District, a dense and walkable Downtown submarket known for its consistent renter demand and proximity to employment, transit, and lifestyle amenities. The property is comprised of eighteen (18) studio units and six (6) one-bedroom/one-bath units, offering an efficient small-unit mix aligned with the area’s tenant profile. Furthermore, ten (10) on-site parking spaces represent a rare, meaningful amenity in a submarket where parking remains constrained.
The seller has invested over $900,000 in capital improvements, including comprehensive electrical upgrades throughout the building, unit renovations, keyless entry on all units, common area enhancements, and exterior improvements. The completion of these upgrades, combined with separately metered utilities, supports a more efficient and predictable operating profile with limited near-term capital requirements.
319 Elm Avenue is priced at a 6.42% cap rate and 10.06 GRM in place, with a clear runway to grow. As rents move to market and RUBS is implemented, the property stabilizes at a 7.28% cap rate and 9.20 GRM—an 86-basis-point expansion in yield and a full point of GRM compression. That translates to $41,296 of additional annual NOI, a 13% increase in cash flow at no change in basis.
The seller has invested over $900,000 in capital improvements, including comprehensive electrical upgrades throughout the building, unit renovations, keyless entry on all units, common area enhancements, and exterior improvements. The completion of these upgrades, combined with separately metered utilities, supports a more efficient and predictable operating profile with limited near-term capital requirements.
319 Elm Avenue is priced at a 6.42% cap rate and 10.06 GRM in place, with a clear runway to grow. As rents move to market and RUBS is implemented, the property stabilizes at a 7.28% cap rate and 9.20 GRM—an 86-basis-point expansion in yield and a full point of GRM compression. That translates to $41,296 of additional annual NOI, a 13% increase in cash flow at no change in basis.
Informations sur l’immeuble
| Prix | 4 133 088 € | Classe d’immeuble | C |
| Prix par lot | 172 212 € | Surface du lot | 0,07 ha |
| Type de vente | Investissement | Surface de l’immeuble | 1 121 m² |
| Taux de capitalisation | 6,42 % | Occupation moyenne | 100% |
| Multiplicateur du loyer brut | 5.65 | Nb d’étages | 3 |
| Nb de lots | 24 | Année de construction | 1912 |
| Type de bien | Immeuble residentiel | Ratio de stationnement | 0,08/1 000 m² |
| Sous-type de bien | Appartement | Zone de développement économique [USA] |
Oui
|
| Style d’appartement | De faible hauteur | ||
| Zonage | PD30, Long Beach | ||
| Prix | 4 133 088 € |
| Prix par lot | 172 212 € |
| Type de vente | Investissement |
| Taux de capitalisation | 6,42 % |
| Multiplicateur du loyer brut | 5.65 |
| Nb de lots | 24 |
| Type de bien | Immeuble residentiel |
| Sous-type de bien | Appartement |
| Style d’appartement | De faible hauteur |
| Classe d’immeuble | C |
| Surface du lot | 0,07 ha |
| Surface de l’immeuble | 1 121 m² |
| Occupation moyenne | 100% |
| Nb d’étages | 3 |
| Année de construction | 1912 |
| Ratio de stationnement | 0,08/1 000 m² |
| Zone de développement économique [USA] |
Oui |
| Zonage | PD30, Long Beach |
Caractéristiques
Caractéristiques du site
- Laverie
Lot informations sur la combinaison
| Description | Nb de lots | Moy. loyer/mois | m² |
|---|---|---|---|
| Studios | 18 | - | 40 - 44 |
| 1+1 | 6 | - | 48 - 84 |
1 1
Exceptionnellement praticable à pied
90/100
Moyennement adapté aux voitures
70/100
Transports en commun exceptionnels
90/100
Moyennement praticable en vélo
70/100
Taxes foncières
| Numéro de parcelle | 7281-009-008 | Évaluation des aménagements | 1 822 312 € |
| Évaluation du terrain | 3 370 302 € | Évaluation totale | 5 192 614 € |
Taxes foncières
Numéro de parcelle
7281-009-008
Évaluation du terrain
3 370 302 €
Évaluation des aménagements
1 822 312 €
Évaluation totale
5 192 614 €
1 sur 14
Vidéos
Visite extérieure 3D Matterport
Visite 3D
Photos
Street view
Rue
Carte
1 sur 1
Présenté par
Prime East Village Arts District | 319 Elm Ave
Vous êtes déjà membre ? Connectez-vous
Hum, une erreur s’est produite lors de l’envoi de votre message. Veuillez réessayer.
Merci ! Votre message a été envoyé.